US Marshals: Bidder Turnout in Second Bitcoin Auction Declines Sharply
The US Marshals Service (USMS), the federal agency charged with managing the sale of property confiscated by federal law enforcement agencies, has released new data on its auction of 50,000 BTC confiscated from alleged Silk Road head Ross Ulbricht and held today. The USMS data, distributed via email, indicates that the number of bidders in the agency's second bitcoin auction has declined significantly from the first auction held this June. That auction, which received widespread media coverage in the US and had an observable affect on bitcoin's market, attracted a total of 45 registered....
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Venture capitalist Tim Draper has been revealed as the winner of last Friday's USMS bitcoin auction. The US Marshals Service (USMS) has announced that a single, undisclosed bidder claimed all of the roughly 30,000 bitcoins seized from online black market Silk Road and sold in its recent auction. The winning bidder outbid all other parties for the 10 auction blocks, according to the USMS. Further, the bitcoins have already been transferred to the winner, according to Blockchain. The USMS previously said that it would begin notifying bidders as to whether they had secured any of the blocks....
The fourth and final US Marshals (USMS) auction of bitcoins confiscated during the investigation into online black market Silk Road drew only 11 bidders today, the lowest total since the second auction held in December 2014. The government agency indicated that 11 registered bidders submitted a total of 30 bids on 22 blocks of bitcoins during today's auction. Twenty-one of the blocks were for 2,000 BTC (valued at $790,000 at press time), while the final block included 2,341 BTC (roughly $926,200). Participation was once again down sharply from the first auction of nearly 30,000 BTC held in....
Some new information is surfacing with regard to the highly-publicized bitcoin auction held by the United States Marshals Service (USMS) last week. That auction ran for twelve hours from 6am - 6pm. We're learning via a CoinDesk report that the USMS has announced that a single bidder has claimed all 29,656.51306529 bitcoins, which were made available in nine blocks of 3,000 coins, and one block of 2,656.51306529 bitcoins. The Service said the following in a Tuesday statement: The US Marshals Bitcoin auction resulted in one winning bidder. The transfer of the bitcoins to the winner was....
A winning bidder claimed 2,700 BTC (worth $1.58m) at an auction held by the US Marshals Service (USMS) today. USMS representatives confirmed to CoinDesk that four bids were received in the auction, which took place between 13:00 and 19:00 UTC. The event, by far the smallest held to date by the USMS, saw bitcoins confiscated in cases involving convicted Silk Road ringleader Ross Ulbricht and former federal agent Carl Force IV made available for sale. In total, only five registered bidders sought to claim the 2,700 BTC block, the agency said. The turnout was lower than observed in the most....
As I predicted the Bitcoin price hit 550 USD early this morning (EST). Even though the price trend looked to be bearish, the price drop of more than 60 USD per BTC that we experienced today was probably mainly caused by US Marshal. In an announcement made for 11 hours ago, US Marshal explains that they will auction of the seized silk road bitcoins in an auction that will end on Monday 30th of June. This caused the Bitcoin price to take a plunge. US Marshal will auction off 29,656.51306529 bitcoins and they are accepting offers based on these terms: A manually signed pdf copy of the Bidder....